BTCUSD appears to be following Wyckoff's Distribution Schematic #2 quite closely.
Note
Viewing follow-through from the current rejection under $10,500 as the final LPSY before SOW into Phase E.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.